Spirit AeroSystems shares are trading higher after the company announced it reached an agreement with Boeing to support production stability. The company also issued guidance.
Portfolio Pulse from Benzinga Newsdesk
Spirit AeroSystems has reached an agreement with Boeing to support production stability. The company has also issued guidance, which has led to a rise in its share prices.
October 18, 2023 | 12:58 pm
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Spirit AeroSystems' shares are trading higher after the company announced an agreement with Boeing and issued guidance.
The agreement with Boeing, a major player in the aerospace industry, is likely to bring stability to Spirit AeroSystems' production. This, coupled with the company's issued guidance, has increased investor confidence, leading to a rise in the company's share prices.
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